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Financing STEP

The Stanford Teacher Education Program (STEP) is committed to supporting a diverse and talented cohort of teacher candidates. Stanford has established two initiatives to support the cost of education for STEP students: the Dorothy Durfee Avery Loan Forgiveness Program, and STEP tuition fellowships. These initiatives, combined with a variety of federal loan forgiveness programs, make it possible for many teacher candidates to attend STEP free of cost while also receiving a living stipend.

GSE funding

Dorothy Durfee Avery and GSE forgivable loan programs

These two forgivable loan programs are separate programs that share the same loan terms.  After completion of STEP, graduates must work in a public school or an underserved private school in the United States. Graduates make no loan payments as long as they teach in an eligible school. After two years of teaching, half the loan is forgiven; after four years, the remainder is forgiven.

Learn more about the Avery and GSE loans

STEP tuition fellowships

STEP offers tuition fellowships of up to $25,000 for eligible students. Awards are granted based on a combination of need and merit, and between 85 and 90 percent of teacher candidates receive STEP fellowships. 

Applicants interested in the STEP fellowship must complete the fellowship section of the STEP supplemental form when submitting the online application. Admitted applicants learn of their fellowship award soon after admissions notifications. 

GSE grants: need-based funding

The GSE offers a limited number of need-based grants for STEP students. Interested applicants must complete a Free Application for Federal Student Aid (FAFSA) and the STEP loan application by the deadline on Stanford Financial Aid Office’s website. 

Visit Stanford’s Financial Aid Office website

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